short position on TOUMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
TOU trade ideas
long position on TOUMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
long position on TOUMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
Tourmaline Oil - Beauty to Beast and Beast to BeautyTourmaline's pullback from it's $80 all time high and its bounce off the previous all time high is simply not deep enough, as evidenced by today's stop run over the June monthly close, which also produced one of those very credible "head and shoulders" patterns, on the back of the maniacs in the Natural Gas market running a monster short squeeze that ruined a lot of Q2s for "hedge funds."
WTI and NatGas are going to dump. Stocks are going to dump. It's not going to be a very pleasant period of time. But, natural gas and oil are something that the ruling regime cannot do without, because transportation and electricity rely entire upon them.
Oil is going to set a new all time high, and so is natural gas. They will do it at the same time, as the middle class is already experiencing maximum pain. This will give the central banks the handle they need to increasingly tighten, in addition to giving the Marxist-Leninist globalists a pretext to install social credit digital identification for the sake of fuel rationing.
Don't believe? Google Sri Lanka fuel rationing QR code & Ireland oil shortage war game.
Anyway, for Tourmaline, this Alberta gem is apt to give you a fine buying opportunity as commodities dump and the stock market crashes under $55 and $50. The target is simply $100+. With stops below the July 2021 highs of $35, you get an RR of 4.
Oil and natural gas, when they bounce, should be painfully brutal to bears. The situation should go parabolic, but it won't go all that high, and it won't go for all that long.
Think about what gold did when it set a new all time high, but faster, and for less time.
After the Party is over, the lights turn on and the music stops. Everyone will find a lot of vomit and trash to clean up, and it won't feel so fun and you won't feel so good with all that hangover and tab to pay, so make sure you sell your portfolio at the highs and buy your family something nice.
The best thing you can do is capitalize on your investment, put your wealth into something classical like gems, silver, gold, and prepare to return to tradition and prepare to cultivate yourselves.
TOURMALINE OIL CORP (SELL)We expect a breakout of the blue trendline and a price pull-back. If the RSI goes below the 50 mark, we go seller.
Markdown beginsI’m just studying Wyckoff. I know nothing. Assume I’m wrong.
To me this looks like the end of a distribution range and the beginning of the markdown phase. Last week I shorted at the LPSY and closed when the price reached support. With today’s price action and volume so far (it’s midday), I think we are seeing sig s of no demand as it tries to move back up to what was support.
TOU.CA: Cup'n handle (80%) (Weekly)Cup'n handle, confirmed on the Weekly!
Could see 65$ if this patern continues.
Comething is happening with Energy and ressources.
Stay humble, have fun make money!
Take profit if you are a seller and do not advice to buy nowWe are at the end of a downtrend I advise not to buy now because there is no significant volume for the moment I think we will enter in a small phase of range.
On est dans la fin d'une tendance baissière je conseil pas d'acheter maintenant car il a pas de volume important pour le moment je pensse qu'on va entrer dans une petite phase de range.
TOU - is this a 9 year head and shoulders pattern?? Hi, I am a newbie, looking at tourmaline, and it looks like a massive head and shoulders pattern, can you pros comment please?
